The Illinois Senior Freeze Exemption application is an income-based tax exemption program for seniors who are 65 years or older and have a total household income that is below the income limit set by the state. Seniors with qualifying incomes are eligible to receive an exemption from property taxes on their primary residence in Illinois. The Senior Freeze Exemption application must be filed each year with the county assessor's office in order to receive the exemption. There are two types of Illinois Senior Freeze Exemption application, the initial application and the renewal application. The initial application is used for first-time applicants who are 65 years or older and have a total household income that is below the income limit set by the state. The renewal application is used by applicants who have already received the Senior Freeze Exemption in a prior year and need to renew their exemption. Both the initial and renewal applications require proof of age, proof of ownership of the property, and proof of household income.
Illinois Senior Freeze Exemption application
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How to fill out Illinois Senior Freeze Exemption Application?
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FAQ
Senior Citizens Real Estate Tax Deferral Program allows persons 65 years of age and older, who have a total household income of less than $65,000 and meet certain other qualifications, to defer all or part of the real estate taxes and special assessments on their principal residences.
You may file up to 4 exemptions. These may include: homeowner residents, senior citizens, veterans, disabled veterans, those with disabilities, and home improvements. The remaining value (called the ?Adjusted Equalized Assessed Value?) is multiplied by your local tax rate.
Senior homeowners are eligible for this exemption if they are over 65 years of age and have a total household annual income of $65,000 or less in the 2021 calendar year. A "Senior Freeze" Exemption provides property tax savings by freezing the equalized assessed value (EAV) of an eligible property.
Senior homeowners are eligible for this exemption if they are over 65 years of age and have a total household annual income of $65,000 or less in the 2021 calendar year. A "Senior Freeze" Exemption provides property tax savings by freezing the equalized assessed value (EAV) of an eligible property.
Most senior homeowners are eligible for this exemption if they are 65 years of age or older (born in 1957 or prior) and own and occupy their property as their principal place of residence. Once this exemption is applied, the Assessor's Office automatically renews it for you each year.
Taxpayers whose primary residence is a single-family home, townhouse, condominium, co-op or apartment building (up to six units) are eligible. First-time applicants must have been the occupants of the property as of January 1 of the tax year in question.
To qualify for this program you must meet the following requirements: Be 65 years of age by June 1 of the year that the application for deferral is being filed. Have a total annual household income of no more than $65,000.
Most senior homeowners are eligible for this exemption if they are 65 years of age or older (born in 1957 or prior) and own and occupy their property as their principal place of residence. Once this exemption is applied, the Assessor's Office automatically renews it for you each year.